Rigs

Fatal rig incident: Search still underway for two missing workers off Gabon
Borr Drilling continues the search for two people who remain unaccounted for after its rig sank, while supporting affected personnel and families.

North Sea gas discovery twice as big after appraisal success with tie-back on the table
Appraisal activities have doubled a North Sea gas discovery’s estimate, with a potential tie-back to existing infrastructure being contemplated.

New gas pay for Chevron in Mediterranean waters
Chevron’s drilling activities in the Mediterranean have uncovered another gas-bearing interval, extending reservoirs initially discovered in 2022.

Saipem wins multimillion-dollar rig jobs with Eni in Mediterranean and West Africa
Saipem has picked up offshore drilling assignments with Eni off the coasts of Cyprus and Ghana, boosting fleet utilization for 2026 and 2027.

Go-ahead for North Sea wildcat clears path for Equinor’s drilling ops with COSL rig
Norwegian authorities have approved a new hydrocarbon exploration well, continuing the country's active drilling program.

Dolphin Drilling parts ways with 52-year-old rig and forges pact with SPM
Dolphin Drilling has sealed a deal to divest its 1974-built rig for up to $25 million and formed a strategic partnership with SPM.

Energy Drilling lines up 30-month job to keep its rig busy through 2030
Energy Drilling has secured a multimillion-dollar offshore drilling campaign in Southeast Asia for its 2013-built rig, ensuring work until decade-end.

Rig sinking incident: Search continues for five missing as 'robust' probe looms
Borr Drilling has emphasized that search and rescue mission for five offshore workers that are still missing remains the “overriding priority.”

Seatrium rakes in millions with Keppel’s RigCo to revive four stranded rigs
Keppel’s RigCo has enlisted Seatrium to finish construction of four premium offshore rigs in a deal worth over S$500 million ($391 million).

Rig incident: 110 rescued, 5 still missing after Borr Drilling’s jack-up sinks off Gabon coast
The search is ongoing for offshore workers, who remain unaccounted for following a punch-through incident at a 2014-built rig offshore Gabon.

Natural gas discovery springs up in India’s shallow waters
Oil India has found natural gas in the Krishna-Godavari Basin's shallow waters, augmenting India’s hydrocarbon arsenal.

Infill drilling ops underway offshore Oman with November start-up in sight
Masirah Oil has kicked off drilling of the first infill well at an oil field offshore Oman, with production expected as early as November 2026.

Timor-Leste throws 12-month lifeline to delayed gas project ahead of drilling ops
This extension for a gas field in Timor-Leste follows earlier termination warnings as partnership talks and drilling preparations press ahead.

Transocean’s drillship pair bags $550 million in new US Gulf deals
Transocean has secured multi-well ultra-deepwater contracts for two drillships in the U.S. Gulf, extending operations through 2027.